IT News & Technology update

How is the Smart Cards Work?

Smart cards are electronic devices with a striking similarity with credit cards, albeit with a wider range of applications and higher levels of security. Typical credit cards the basis of all plastics. Credit card information is stored on magnetic tape similar to that of magnetic tape that use in audio cassettes, which makes it a read / write relatively simple operations.

Shortcoming of the typical credit card is that most of the information must be stored in mainframe computer, Internet networks, where it is verified and processed.
Smart cards, however, be replaced by magnetic storage unit for the credit card with embedded microprocessor for storing information. Since credit cards are shown first in the United States and became popular in Europe lately, rich-based networks should be built to create a secure environment for the use of credit cards. Although, as the never-developed infrastructure in Europe.

So, to compensate for this, smart cards are intended. A smart card does not ask about computer security, as all necessary security is built in microprocessor. When a computer communicate with the microprocessor card asked for access to data from memory cards from banks.

A typical smart card memory has three separate banks, two of which are discs (read only memory) and one is RAM (random access memory) - 8 kilobytes of RAM, 346 kilobytes of ROM and additional programmable ROM with 256 kilobytes of memory , Controlled by the 16 - bit microprocessor.

Except for routine use in the banking sector, smart cards can also be used for computer security systems, wireless communications, loyalty systems, satellite TV access, or even the government identification. In Germany, for example, every citizen has a smart card used for health insurance. In the United States on the other hand, still uses the classic credit card for banking operations, but smart cards are slowly starting to gather speed as i.

Some of smart cards can be used by personal computer applications, to provide secure Internet transactions, or through mobile phones and vending machines.

No Comment | Posted in » banking security, credit card, News, smart card  

Financial guidance

Money is what people always looking and talking about. Because of money people can do anything, some people use a good way to earn money and other sometime finding a short way. In the reality, so many people are facing financial problem, for example like bad credit.

If people stuck in a bad credit situation, it will really difficult to get out, is mostly no way out, that why there is a lot company offering a solution (usually for instan) how to get out that bad credit. The solution is often called Bad credit loans.

Why do they got in a bad credit situation? That is because some of them don’t know how to manage their financial and also own more then one credit cards. And the most important is they didn’t learn much about money and how to manage it.

If you are in that situation, First, don't panic. Whilst eventually you will need to pay all of the money back, you don't need to attempt this in one go. Some debts are more important than others - the trick is to identify these as your starting point on the road to becoming debt free.

The most important debt is not necessarily the largest debt. Priority debts are those which have the severest consequences for non-payment. Whilst your mate might get a bit annoyed that it's been two weeks since he gave you that money for a cab home, it's more important to pay your utility bills, mortgage or rent, council tax and any court fines. Not paying these can result in penalties including having your gas or electricity supply cut off, repossession of your home or eviction from rented accommodation, frozen bank accounts, or bankruptcy.

So, that condition would not happened to you if you want to learn more about financial. There is a website that talk a lot about money. www.money.co.uk is a place to Compare the costs, benefits and features of thousands of products that related to money.

Money.co.uk is a kind of money library that provide FREE Money Saving Tips Newsletter. With their articles, News, Guides & Money Saving Tips, I believe you will learn a lot on hot planning your financial in the future.

And you can subscribe to their FREE money saving tips email and they will keep you up to date with the latest money saving tips, tricks, deals and loopholes.

Learn a lot about How to Prioritise your Debts and read a lot about how they explain how to deal with your debts when things get tight.

No Comment | Posted in » credit card, Money  

Hundreds of Stolen Credit Cards Published on a Google Hosted Page

Blogger is again brought in the spotlight by illegal web operations
By: Bogdan Popa, Security and Search Engines Editor | softpedia.com

The blog in the images is look likes maintain by Indonesian people.

Ever thought that a popular service hosted by a huge company, such as Google, can turn into one of the most dangerous websites on the web, for hundreds of people? Maybe not, but today, it has been proved that such a thing can happen in a matter of seconds and can have some serious consequences for all the ones involved in it. The folks at KOAA.com today reported that a new Blogger account, hosting hundreds of stolen credit card accounts, has been spotted on the web and what's worse is that all the details could be accessed by anyone who has an Internet connection.

"We found a list of hundreds of credit card numbers and personal information on a website
hosted by Google. We contacted Google and within 30-minutes the web log, called a blog, was down. We've also contacted local and federal authorities, and a few people in Colorado Springs who's information was on the site", it was mentioned in the KOAA.com article.

As you can see in the adjacent picture and provided by security company Trend Micro, the blog included all the details needed to conduct an illegal web operation. And even if the Blogger account got shut down, don't be too amazed in case you discover other similar pages.

And the folks at Trend Micro proved us that numerous other websites could be at least as dangerous as today's example. "Soon after seeing this, I did some digging, and discovered a couple of other pages which were also hosting pages that simply contained (suspected) stolen credit & debit card numbers, names, addresses, ZIP codes, and CVV codes", Paul Ferguson of Trend Micro wrote in a blog post published today.

What I find really applaudable is Google's instant reaction that managed to shut down the page in approximately 30 minutes, as the first source mentioned above stated. So, next time you discover such pages, just hurry up and contact the authorities or the parent company hosting them.

No Comment | Posted in » credit card, hacker, security, Security news